Traffic congestion and Peak road pricing

Alleviating Traffic Congestion: Alternatives to Road Pricing

Congestion and Road Pricing

The sole responsibility for the content of this [webpage, publication etc.] lies with the authors. It does not represent the opinion of the Community. The European Commission is not responsible for any use that may be made of the information contained therein. The aim of this material is to strengthen the knowledge of local / regional managing agencies in the transport field and to accelerate t...

Traffic Congestion and Congestion Pricing

For several decades growth of traffic volumes has outstripped investments in road infrastructure. The result has been a relentless increase in traffic congestion. This paper reviews the economic principles behind congestion pricing in static and dynamic settings, which derive from the benefits of charging travellers for the externalities they create. Special attention is paid to various complic...

Time, Speeds, Flows and Densities in Static Models of Road Traffic Congestion and Congestion Pricing

This paper studies some of the properties and fundamentals of static models of road traffic congestion that have triggered much debate in the literature. The first part of the paper focuses in particular on the difficulties arising with the backward-bending cost curve in the context of ‘continuous congestion’. The relevance of the backward-bending segment of the cost curve for the static analys...

The Economic Costs of Road Traffic Congestion